English, Article, Journal or magazine article edition: The Role of the State in Economic Transformation: Comparing the Transition Experiences of Russia and China David M. Kotz

User activity

Share to:
 
Bookmark: http://trove.nla.gov.au/version/199449
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • The Role of the State in Economic Transformation: Comparing the Transition Experiences of Russia and China
Author
  • David M. Kotz
Physical Description
  • preprint
Notes
  • This paper compares two radically different approaches to transforming an economic system based on central planning and state property into a capitalist system, the neoliberal transition strategy and the state directed transition strategy. Russia’s transition since 1992 is examined as an example of the neoliberal approach, while China’s transition since 1978 is analyzed as an example of the state directed approach. The primary explanation for China’s economically superior transition performance is located in the advantages of the state directed transition strategy. However, contradictions in a state directed transition strategy are identified which tend to promote an eventual shift toward a neoliberal strategy. JEL Categories: P27, P21, P52
  • transition, neoliberalism, state, Russia, China
  • RePEc:ums:papers:2005-04
  • This paper will examine the transition experiences of Russia and China, with the aim of drawing lessons about the relative effectiveness of the neoliberal and the state directed transition strategies. Section 2 considers Russia=​s economic transition since 1992, which has been guided by the neoliberal strategy. Section 3 examines China=​s economic experience since 1978, when it began a transition based on a different approach from the neoliberal one. Section 4 considers why, in countries that successfully pursue a state directed strategy, such as China, pressure builds up over time to shift to a neoliberal strategy. Section 5 offers concluding comments.
  • RePEc:uma:periwp:wp95
Language
  • English
Contributed by
OAIster

Get this edition

  • Set up My libraries

    How do I set up "My libraries"?

    In order to set up a list of libraries that you have access to, you must first login or sign up. Then set up a personal list of libraries from your profile page by clicking on your user name at the top right of any screen.

  • All (1)
  • Unknown (1)
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.

User activity


e.g. test cricket, Perth (WA), "Parkes, Henry"

Separate different tags with a comma. To include a comma in your tag, surround the tag with double quotes.

Be the first to add a tag for this edition

Be the first to add this to a list

Comments and reviews

What are comments? Add a comment

No user comments or reviews for this version

Add a comment